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Volkswagen Builds New Golf-based SUV

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  • Volkswagen Builds New Golf-based SUV

 

Following the success of Volkswagen Tiguan, a sport utility vehicle, the automaker has completed work on another SUV, which will be based on the Golf model and positioned below the Tiguan.

Many people love the Golf, even in Nigeria. Those who have used the sedan Golf give nice testimonies about the fuel-efficient and easy to maintain vehicle. The idea of a Golf-based SUV is indeed good music to them.

The German automaker says the new SUV has been built based on the popular Golf model and it is meant to expand the Golf line-up.

A report on Tuesday by an auto journal, drive.com, says the new crossover SUV was originally previewed by the T-Roc concept car.

But lovers of VW and crossover SUV will have to wait up until next year after the new ride must have be unveiled at the Geneva motor show in March 2017, according to senior officials at Volkswagen’s Wolfsburg headquarters in Germany.
No official statement has been made on possible sales of the new Volkswagen SUV, though the new high riding model will slot into the German automaker’s line-up underneath the second-generation Tiguan, says drive.com.

It says, “Earlier reports suggested the new Volkswagen SUV would eschew the T-Roc name for a more conventional nomenclature.

“A copyright application made in 2014 reveals Volkswagen registered alternatives for the new model, including Teracor, but Volkswagen boss Herbert Diess has now confirmed a decision has been made to retain the T-Roc name for the production version.

Unlike the original targa roof touting T-Roc concept revealed back in 2014, the production version of Volkswagen’s latest SUV is planned to receive a fixed roof and five-door hatchback layout, similar to its more conventional Golf siblings.

While adopting typical Volkswagen styling elements, the new SUV will sport a uniquely styled steel body.

In concept car form, the T-Roc measures 4178mm in length, 1831mm in width and 1501mm in height, reports another online auto journal, Autocar.

By comparison, the second-generation Tiguan stretches to 4486mm in length, 1839mm in width and 1632mm in height.

Like the Golf and Tiguan, the T-Roc is based on Volkswagen’s versatile MQB platform. It is expected to come with a wheelbase similar to the Golf at 2640mm, or 41mm shorter than the Tiguan.

Interior

Inside, the production T-Roc is planned to adopt the same dashboard and features as the newly unveiled face-lifted seventh-generation Golf, complete with an optional high definition Active Info Display instrument pack and 9.2 inch infotainment monitor supporting touch, speech and gesture control.

Engine

Among the engines set to power the new Volkswagen is the company’s turbocharged 1.0-litre three-cylinder TSI petrol engine with 84kW as well as the new turbocharged 1.5-litre four-cylinder TSI Evo units unveiled in the face-lifted Golf in 96kW and 110kW guises.

Also planned is a turbocharged 2.0-litre four-cylinder petrol engine that will provide the basis for the T-Roc GTi with up to 180kW.

The diesel line-up will include updated versions of Volkswagen’s 1.6-litre and 2.0-litre four-cylinder engines, which Diess describes as being “cleaner than most from rival manufacturers”.

Alongside front-wheel drive, selected T-Roc models are also planned to offer four-wheel drive, either as an option or as standard.

Gearboxes will include a standard six-speed manual and optional seven-speed dual clutch automatic, or DSG dual shift gearbox as Volkswagen prefers to call it.

Auto car also says, “The T-Roc is one of three new SUVs to be added to the Volkswagen line-up before the end of 2019. The larger Atlas, which is reserved primarily for the US and Chinese markets, made its debut late last month. An even smaller model, previewed by the T-Breeze concept at this year’s Geneva motor show, is planned to go into production by 2019.”

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Telecommunications

Lagos Residents Frustrated by Rapid Data Drain, Call for NCC Action

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Telecommunications - Investors King

Lagos residents are expressing increasing frustration over what they describe as the rapid depletion of their data bundles.

Many subscribers are now calling on the Nigerian Communications Commission (NCC) to address their concerns as they suspect changes in billing practices by telecommunication providers.

Numerous subscribers have reported that their data does not last as long as it used to. A Lagos-based teacher, Mrs. Nafidah Zaynab, shared her experience, stating that a N2,000 data bundle, which previously lasted almost a month, now depletes within just a few days.

This sentiment is echoed by many, including Idowu Anabili, a trader who has reduced his data usage due to rising costs.

Abdullahi Yunus, who runs a café, noted a significant increase in his data expenses, spending between N70,000 and N100,000 monthly, up from N30,000. He attributes this spike to faster data consumption.

Telecom operators deny any wrongdoing, attributing the faster data consumption to increased usage by subscribers.

An anonymous official from MTN explained that the variety of activities performed on smartphones has increased, leading to faster data usage.

Airtel Nigeria’s spokesperson, Mr. Femi Adeniran, suggested that background apps and high-definition streaming contribute to the issue.

Despite complaints, operators assert they have not officially increased data prices. They emphasize that automatic app updates and other technical factors may be responsible for the perceived quick depletion.

Experts suggest that the challenging economic climate may be pressuring telecom companies to subtly reduce data value.

The industry has reported a 43% rise in operational costs, although no formal tariff hikes have been announced.

The NCC has clarified that it has not authorized any increase in data tariffs. The commission highlights technical factors like automatic video play and app updates as potential causes for quick data depletion.

In a bid to assist consumers, the NCC has advised turning on data saver modes and managing app updates to conserve data.

To combat the issue, Mobile Network Operators (MNOs) have initiated a campaign to educate consumers on optimizing their data usage.

They recommend practices such as disabling automatic updates and closing unused apps.

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Social Media

Meta Shuts Down 63,000 Nigerian Accounts in Sextortion Crackdown

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In a significant move to combat online crime, Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has removed 63,000 accounts in Nigeria linked to sextortion scams.

This sweeping action is part of Meta’s ongoing effort to address the growing threat of digital extortion on its platforms.

Unmasking the Scammers

The crackdown, which took place at the end of May, targeted accounts engaged in blackmail schemes.

These scammers posed as young women to coerce individuals into sharing intimate photos, which were then used to extort money from the victims.

The removal follows a Bloomberg Businessweek exposé highlighting the rise of such crimes, particularly affecting teenagers in the United States.

The Global Impact

The U.S. Federal Bureau of Investigation (FBI) has identified sextortion as one of the fastest-growing crimes targeting minors.

The schemes often lead to severe consequences, including the tragic suicides of more than two dozen teens.

In one high-profile case, the death of 17-year-old Jordan DeMay in Michigan led to the arrest of suspects traced back to Lagos, Nigeria.

The Role of the Yahoo Boys

Many of the dismantled accounts were linked to the “Yahoo Boys,” a notorious group known for orchestrating various online scams.

These individuals have been using social media to recruit and train new scammers, sharing blackmail scripts and fake account guides.

Meta’s Response

Meta’s spokesperson emphasized the company’s commitment to user safety, stating, “Financial sextortion is a horrific crime that can have devastating consequences.”

The company is continually improving its defenses and has reported offenders targeting minors to the National Center for Missing & Exploited Children.

To enhance protection, Meta has implemented stricter messaging settings for teen accounts and safety notices regarding sextortion.

They are also employing technology to blur potentially harmful images shared with minors.

Ongoing Efforts

Meta’s actions highlight the complex and evolving nature of online crime. The company has pledged to remain vigilant, adapting its strategies to counter new threats as they emerge.

“This is an adversarial space where criminals evolve to evade our defenses,” Meta noted.

Looking Forward

As digital platforms continue to grapple with issues of privacy and security, Meta’s recent actions demonstrate a proactive stance in safeguarding users.

By dismantling these networks, the company aims to reduce the prevalence of sextortion and foster a safer online environment for all.

The crackdown serves as a reminder of the need for continued vigilance and collaboration between tech companies and law enforcement to protect individuals from the harmful effects of digital exploitation.

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Fintech

Flutterwave Celebrates Inclusion in CNBC’s Top 250 Global Fintechs

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Flutterwave has been recognized as one of the Top 250 Fintech companies globally by CNBC and Statista.

Joining the ranks of industry giants like Ali Pay, Klarna, Piggyvest, and Mastercard, this accolade underscores Flutterwave’s impact on the financial technology sector.

This honor follows Flutterwave’s recent inclusion in Fast Company’s Most Innovative Companies list, highlighting the company’s pivotal role in transforming Africa’s payment landscape.

The recognition is a testament to Flutterwave’s dedication to innovation and excellence in providing seamless payment solutions across the continent.

Expressing gratitude, Flutterwave acknowledged its talented team, supportive board, reliable partners, and loyal customers for contributing to this success.

The company continues to drive progress in the fintech industry, reinforcing its commitment to enhancing financial accessibility and inclusion in Africa and beyond.

Flutterwave’s recognition on these prestigious lists marks a proud moment and a significant milestone in its journey, reflecting the company’s growing influence and leadership in the global fintech arena.

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